Net present value (NPV) projections are one thing, market cap is another. Commodities companies usually trade on a discount to NPV to account for risk factors. When (not if, I think) the company becomes a producer, and starts paying dividends then the yield factors will help determine the price. If that happens, then even at a parity USD exchange rate, at 1.6Mtpa we would be looking at a share price of $3.80 on a 10% yield.
A lot can happen with interest rates but I am guessing we won't get anywhere near 10% which would be a massive problem for so many people.
Do I understand this correctly?, page-25
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Last
3.7¢ |
Change
0.001(2.78%) |
Mkt cap ! $93.28M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.7¢ | 3.5¢ | $71.81K | 1.948M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1749912 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 130289 | 1 |
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| QPM (ASX) Chart |